Civic Intelligence

Artspace Inc.

990 • Fiscal year 2021 • EIN 94-2772520

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 22, 2022

Organization ProfileARTSPACEUTAH.ORG
230 South 500 West Suite 235Salt Lake City, UT 84101

(801) 355-0538

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.46x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

91st percentile

3.28x

Higher debt load relative to revenue than 91% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

19th percentile

-0.5%

Higher net margin than 19% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

58th percentile

$278,105

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

14th percentile

-2.7%

Faster asset growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

29th percentile

0.4%

Faster revenue growth than 29% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$34,050,741

Down $955,449 (-2.7%) from 2020

Net Assets

Down

$18,217,490

Down $26,122 (-0.1%) from 2020

Liabilities

Down

$15,833,251

Down $929,327 (-5.5%) from 2020

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin19th percentile

Revenue

Up

$4,832,458

Up $18,821 (+0.4%) from 2020

Expenses

Up

$4,858,580

Up $261,700 (+5.7%) from 2020

Net Income

Down

-$26,122

Down $242,879 (-112%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $42,618,794Liabilities 2010: $34,468,761Net Assets 2010: $8,150,0332010Assets 2011: $12,149,711Liabilities 2011: $2,060,442Net Assets 2011: $10,089,2692011Assets 2012: $56,345,850Liabilities 2012: $47,714,237Net Assets 2012: $8,631,6132012Assets 2013: $54,319,664Liabilities 2013: $46,542,919Net Assets 2013: $7,776,7452013Assets 2014: $52,809,474Liabilities 2014: $45,844,213Net Assets 2014: $6,965,2612014Assets 2015: $36,137,882Liabilities 2015: $19,340,822Net Assets 2015: $16,797,0602015Assets 2016: $40,879,450Liabilities 2016: $21,707,009Net Assets 2016: $19,172,4412016Assets 2017: $39,984,288Liabilities 2017: $20,685,508Net Assets 2017: $19,298,7802017Assets 2018: $39,432,857Liabilities 2018: $19,962,302Net Assets 2018: $19,470,5552018Assets 2019: $35,609,028Liabilities 2019: $17,582,173Net Assets 2019: $18,026,8552019Assets 2020: $35,006,190Liabilities 2020: $16,762,578Net Assets 2020: $18,243,6122020Assets 2021: $34,050,741Liabilities 2021: $15,833,251Net Assets 2021: $18,217,4902021Assets 2022: $35,152,188Liabilities 2022: $14,823,190Net Assets 2022: $20,328,9982022Assets 2023: $32,349,714Liabilities 2023: $12,087,855Net Assets 2023: $20,261,8592023Assets 2024: $31,496,945Liabilities 2024: $11,341,669Net Assets 2024: $20,155,2762024

Highlighted filing

2021

Assets$34,050,741
Liabilities$15,833,251
Net Assets$18,217,490
Open 2021 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2010: $688,838Expenses 2010: $1,133,844Net Income 2010: -$445,0062010Expenses 2011: $1,892,5942011Expenses 2012: $5,044,8602012Revenue 2013: $4,456,766Expenses 2013: $5,329,457Net Income 2013: -$872,6912013Revenue 2014: $5,211,105Expenses 2014: $6,022,589Net Income 2014: -$811,4842014Revenue 2015: $11,926,475Expenses 2015: $4,233,903Net Income 2015: $7,692,5722015Revenue 2016: $6,193,148Expenses 2016: $3,980,167Net Income 2016: $2,212,9812016Revenue 2017: $4,230,364Expenses 2017: $4,104,025Net Income 2017: $126,3392017Revenue 2018: $4,391,541Expenses 2018: $4,219,766Net Income 2018: $171,7752018Revenue 2019: $5,445,976Expenses 2019: $4,647,934Net Income 2019: $798,0422019Revenue 2020: $4,813,637Expenses 2020: $4,596,880Net Income 2020: $216,7572020Revenue 2021: $4,832,458Expenses 2021: $4,858,580Net Income 2021: -$26,1222021Revenue 2022: $7,535,260Expenses 2022: $5,146,631Net Income 2022: $2,388,6292022Revenue 2023: $6,085,723Expenses 2023: $6,149,978Net Income 2023: -$64,2552023Revenue 2024: $5,907,294Expenses 2024: $6,051,741Net Income 2024: -$144,4472024

Highlighted filing

2021

Revenue$4,832,458
Expenses$4,858,580
Net Income-$26,122
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 22, 2022
Return Version
2021v4.2
Gross Receipts
$4,832,458
Mission and Program Overview

Mission

Artspace creates affordable living and work space for artists, cultural organizations, non-profits and others to revitalize and promote stable, vibrant and safe communities. Artspace also promotes new markets tax credits in low income communities.

Artspace creates affordable living and work space for artists, cultural organizations, non-profits and others to revitalize and promote stable, vibrant and safe communities. Artspace also utilizes new markets tax credits in low income communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$26,451,016$25,144,865▼ $1,306,151
Other Notes and Loans Receivable, Net$5,286,409$5,324,654▲ $38,245
Savings and Temporary Cash Investments$1,429,149$1,775,106▲ $345,957
Prepaid Expenses and Deferred Charges$169,626$156,741▼ $12,885
Intangible Assets$159,278$126,852▼ $32,426
Investments Program Related$85,137$86,237▲ $1,100
Total Assets$35,006,190$34,050,741▼ $955,449
Other Assets Total$1,425,575$1,436,286▲ $10,711
Liabilities
Mortgage Notes Payable Secured by Investment Property$16,251,071$15,215,273▼ $1,035,798
Other Liabilities$421,237$441,553▲ $20,316
Accounts Payable and Accrued Expenses$90,270$176,425▲ $86,155
Total Liabilities$16,762,578$15,833,251▼ $929,327
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,243,612$18,217,490▼ $26,122
Total Net Assets Fund Balance$18,243,612$18,217,490▼ $26,122
Total Liabilities and Net Assets / Fund Balance$35,006,190$34,050,741▼ $955,449

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,822,757$21,120,735$41,943,492
Land$3,939,945-$3,939,945
Equipment$282,668$2,953,462$3,236,130
Leasehold Improvements$99,495$665,779$765,274
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jessica NoriePresidentFT$260,400$19,049$279,449
Cindy FrankDeputy DirectorFT$100,989$10,235$111,224

Board Members and Trustees

NameTitle
Jennifer SpeersChair
Alison PtakBoard Member
Elizabeth EvensenBoard Member
Ira RubinfeldBoard Member
Jim GlennBoard Member
Kathie MillerBoard Member
Kisty MorrisBoard Member
Philip JeffsBoard Member
Robert LakeBoard Member
Wendy LionelliBoard Member
John MillikenSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$303,383
Program Service Revenue
$4,485,930
Investment Income
$43,145
Other Revenue
$0
All Other Contributions
$253,383
Change in Net Assets
$-26,122

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art4$25,950Appraisal
Total Noncash Contributions4$25,950-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,956,552
Salaries, Compensation, and Employee Benefits$902,028
Total Fundraising Expense$79,578
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,419,479$2,894$1,547$1,423,920
Interest$539,693$7,382$3,947$551,022
Other Salaries and Wages$457,873$39,576$21,166$518,615
Current Officers, Directors, Trustees, and Key Employees$175,854$67,497$36,098$279,449
Occupancy$270,170$1,812$968$272,950
Other Expenses$191,745$268$143$192,156
Insurance$175,316$406$217$175,939
All Other Expenses$155,527$3,461$1,852$160,840
Payroll Taxes$47,915$7,828$4,187$59,930
Fees for Services Accounting$45,140$5,459$2,920$53,519
Information Technology$50,057$1,395$747$52,199
Other Employee Benefits$35,835$4,365$2,334$42,534
Office Expenses$16,916$2,561$1,369$20,846
Fees for Services Legal$13,464$2,552$1,365$17,381
Fees for Services Other$3,471$628$336$4,435
Travel$3,329$279$149$3,757
Pension Plan Contributions$944$362$194$1,500
Total Functional Expenses$4,630,205$148,797$79,578$4,858,580
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit Liability$400,948
Interest Payable$40,605
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“The executive committee of the board consists of the board chair, secretary/treasurer, and another board member approved by the board. The executive committee has and may exercise all of the authority of the board of directors except as prohibited by statute.”

Form 990, Part VI, Section B, Line 11B

“The board of directors reviews the 990 before it is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Each board member is required to complete a statement annually indicating any possible conflict or duality of interest to be submitted to the organization.”

Form 990, Part VI, Section B, Line 15A

“President compensation is determined and approved by the artspace board executive committee.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Artspace
EIN
94-2772520
Phone
8013550538
Address
230 SOUTH 500 WEST SUITE 235, SALT LAKE CITY, UT 84101

Signing Officer

Name
Jessica Norie
Title
President
Phone
8013550538
Signed
2022-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Norie
Formed
1980
Legal Domicile
Ut
Voting Board Members
11
Independent Board Members
11
Employees
4
Volunteers
11

Preparer

Firm
Eide Bailly Llp
Address
5 TRIAD CENTER STE 600, SALT LAKE CITY, UT 84180-1106
Preparer
Christopher Winsley CPA
Phone
8015322200
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Artspace believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The entities would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”

Raw XML AppendixShowing 400 of 688 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0ARTSPACE CREATES AFFORDABLE LIVING AND WORK SPACE FOR ARTISTS, CULTURAL ORGANIZATIONS, NON-PROFITS AND OTHERS TO REVITALIZE AND PROMOTE STABLE, VIBRANT AND SAFE COMMUNITIES. ARTSPACE ALSO UTILIZES NEW MARKETS TAX CREDITS IN LOW INCOME COMMUNITIES.
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IRS990/InformationTechnologyGrp/ProgramServicesAmt050057
IRS990/InformationTechnologyGrp/TotalAmt052199
IRS990/InsuranceGrp/FundraisingAmt0217
IRS990/InsuranceGrp/ManagementAndGeneralAmt0406
IRS990/InsuranceGrp/ProgramServicesAmt0175316
IRS990/InsuranceGrp/TotalAmt0175939
IRS990/IntangibleAssetsGrp/BOYAmt0159278
IRS990/IntangibleAssetsGrp/EOYAmt0126852
IRS990/InterestGrp/FundraisingAmt03947
IRS990/InterestGrp/ManagementAndGeneralAmt07382
IRS990/InterestGrp/ProgramServicesAmt0539693
IRS990/InterestGrp/TotalAmt0551022
IRS990/InvestmentIncomeGrp/ExclusionAmt0597
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt042548
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt043145
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt085137
IRS990/InvestmentsProgramRelatedGrp/EOYAmt086237
IRS990/IRPDocumentCnt045
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024739976
IRS990/LandBldgEquipBasisNetGrp/BOYAmt026451016
IRS990/LandBldgEquipBasisNetGrp/EOYAmt025144865
IRS990/LandBldgEquipCostOrOtherBssAmt049884841
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ARTSPACE CREATES AFFORDABLE LIVING AND WORK SPACE FOR ARTISTS, CULTURAL ORGANIZATIONS, NON-PROFITS AND OTHERS TO REVITALIZE AND PROMOTE STABLE, VIBRANT AND SAFE COMMUNITIES. ARTSPACE ALSO UTILIZES NEW MARKETS TAX CREDITS IN LOW INCOME COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt016251071
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015215273
IRS990/NetAssetsOrFundBalancesBOYAmt018243612
IRS990/NetAssetsOrFundBalancesEOYAmt018217490
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt018243612
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt018217490
IRS990/NoncashContributionsAmt025950
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0968
IRS990/OccupancyGrp/ManagementAndGeneralAmt01812
IRS990/OccupancyGrp/ProgramServicesAmt0270170
IRS990/OccupancyGrp/TotalAmt0272950
IRS990/OfficeExpensesGrp/FundraisingAmt01369
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02561
IRS990/OfficeExpensesGrp/ProgramServicesAmt016916
IRS990/OfficeExpensesGrp/TotalAmt020846
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01425575
IRS990/OtherAssetsTotalGrp/EOYAmt01436286
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02334
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04365
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035835
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042534
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2PROPERTY MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc3DUES, FEES, SUBSCRIPTIO
IRS990/OtherExpensesGrp/FundraisingAmt039
IRS990/OtherExpensesGrp/FundraisingAmt1143
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt072
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1268
IRS990/OtherExpensesGrp/ProgramServicesAmt0469930
IRS990/OtherExpensesGrp/ProgramServicesAmt1336482
IRS990/OtherExpensesGrp/ProgramServicesAmt2221065
IRS990/OtherExpensesGrp/ProgramServicesAmt3191745
IRS990/OtherExpensesGrp/TotalAmt0470041
IRS990/OtherExpensesGrp/TotalAmt1336482
IRS990/OtherExpensesGrp/TotalAmt2221065
IRS990/OtherExpensesGrp/TotalAmt3192156
IRS990/OtherLiabilitiesGrp/BOYAmt0421237
IRS990/OtherLiabilitiesGrp/EOYAmt0441553
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt021166
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039576
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0457873
IRS990/OtherSalariesAndWagesGrp/TotalAmt0518615
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05286409
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05324654
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04187
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07828
IRS990/PayrollTaxesGrp/ProgramServicesAmt047915
IRS990/PayrollTaxesGrp/TotalAmt059930
IRS990/PensionPlanContributionsGrp/FundraisingAmt0194
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0362
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0944
IRS990/PensionPlanContributionsGrp/TotalAmt01500
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0169626
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0156741
IRS990/PrincipalOfficerNm0JESSICA NORIE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04383862
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1102068
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04383862
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1102068
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0232552
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt042302
IRS990/PYOtherExpensesAmt03799974
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04538783
IRS990/PYRevenuesLessExpensesAmt0216757
IRS990/PYSalariesCompEmpBnftPaidAmt0796906
IRS990/PYTotalExpensesAmt04596880
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04813637
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-26122
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04528478
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01429149
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01775106
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0303383
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0232552
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0237490
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0274423
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0373036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01420884
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0597
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01342
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt024895
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05525
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02973
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt035332
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt022257760
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.39370
IRS990ScheduleA/PublicSupportPY170Pct00.36690
IRS990ScheduleA/PublicSupportTotal170Amt0573248
IRS990ScheduleA/SubstantialContributorsTotAmt0847636
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0303383
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0232552
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0237490
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0274423
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0373036
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01420884
IRS990ScheduleA/TotalSupportAmt01456216
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt020822757
IRS990ScheduleD/BuildingsGrp/DepreciationAmt021120735
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt041943492
IRS990ScheduleD/EquipmentGrp/BookValueAmt0282668
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02953462
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03236130
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03939945
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03939945
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt099495
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0665779
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0765274
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040605
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1400948
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ARTSPACE BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ENTITIES WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025144865
IRS990ScheduleD/TotalLiabilityAmt0441553
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,050,741
Liabilities
$15,833,251
Net assets
$18,217,490
Revenue
$4,832,458
Expenses
$4,858,580
Net income
-$26,122
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.5$11.3$20.2$5.91$6.05$0.14
2023Detailed filing. Detailed filing data is available for this year.$32.3$12.1$20.3$6.09$6.15$0.06
2022Detailed filing. Detailed filing data is available for this year.$35.2$14.8$20.3$7.54$5.15$2.39
2021Detailed filing. Detailed filing data is available for this year.$34.1$15.8$18.2$4.83$4.86$0.03
2020Detailed filing. Detailed filing data is available for this year.$35.0$16.8$18.2$4.81$4.60$0.22
2019Detailed filing. Detailed filing data is available for this year.$35.6$17.6$18.0$5.45$4.65$0.80
2018Detailed filing. Detailed filing data is available for this year.$39.4$20.0$19.5$4.39$4.22$0.17
2017Detailed filing. Detailed filing data is available for this year.$40.0$20.7$19.3$4.23$4.10$0.13
2016Detailed filing. Detailed filing data is available for this year.$40.9$21.7$19.2$6.19$3.98$2.21
2015Detailed filing. Detailed filing data is available for this year.$36.1$19.3$16.8$11.9$4.23$7.69
2014Detailed filing. Detailed filing data is available for this year.$52.8$45.8$6.97$5.21$6.02$0.81
2013Detailed filing. Detailed filing data is available for this year.$54.3$46.5$7.78$4.46$5.33$0.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.3$47.7$8.63$5.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$2.06$10.1$1.89
2010Summary only. Only limited summary data is available for this year.$42.6$34.5$8.15$0.69$1.13$0.45